SShortSingh.
Back to feed

CoinDCX denies hack after sleuths flag $16 million in suspicious outflows

0
·1 views

India's largest cryptocurrency exchange, CoinDCX, has rejected claims that its active wallets were breached. Blockchain investigators had identified roughly $16 million in outflows from addresses associated with the India-based platform. The exchange's denial comes in response to those findings and the suspicion they generated. The article provides no further details on the source or destination of the funds. Further information on the matter has not been reported in the source material.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

Polymarket Reportedly Fires Marketing Chief, Who Was a Close Friend of CEO

Polymarket has reportedly dismissed its marketing chief, Matthew Modabber, according to the New York Post. The removal followed an internal investigation into several alleged instances of misconduct. Modabber was also a close friend of the prediction market company's CEO. The report has not been independently confirmed by the company in the material provided, and details of the misconduct were not specified.

0
Crypto & Web3CoinDesk ·

Ethereum delays Glamsterdam test after security developers flag risk to existing contracts

Ethereum developers called off the planned Monday activation of a test on the Hoodi network. The decision followed research showing that new gas rules could allow smart contracts to permanently record failed operations. Security developers raised concerns that this change could put existing contracts at risk. The postponement affects the Glamsterdam upgrade's testing schedule, though the article does not specify a new date.

0
Crypto & Web3CoinDesk ·

Cardano holders asked to vote on using $5M of treasury funds to bet on copper prices

Toto Finance is seeking approval to use 22 million ADA from Cardano's treasury to purchase tokenized copper. The proposal, as described, would require copper to trade well above its all-time high for token holders to recover their funds. The request asks Cardano holders to effectively wager roughly $5 million on a record-setting copper price. The article frames the proposal as a speculative bet using community-controlled treasury assets.